Clearance Rate Trends Over the Past Month Reveal Uptick in Brisbane Bidding

Brisbane clearance rates have risen seven percentage points over the past month, reaching 63 per cent in the week ending 7 July 2026 after sitting at 54 per cent through early June.

The shift arrives as the city prepares for the 2032 Olympics infrastructure rollout and records continued arrivals from New South Wales and Victoria, where median house prices sit well above Queensland’s $780,000 mark. Interstate buyers have added pressure on stock that already faces tighter supply after national new-home starts dropped 11 per cent in the latest national figures.

Northside and Southside Results Diverge

Results from the past four weekends show the strongest clearance lift on the Northside, where properties in Chermside and Kedron drew multiple bidders at four of the five scheduled auctions. On the Southside, West End and Woolloongabba auctions cleared at 59 per cent, with two lots in the $1.1 million range passing in after single bids. Brisbane City Council’s recent release of updated flood mapping for those suburbs appears to have slowed some interest there.

Median Prices and Next Steps for Buyers

CoreLogic’s June data recorded Brisbane’s median dwelling price at $782,450, up 1.8 per cent on the month prior. Auctions scheduled for the coming fortnight at the Brisbane Convention Centre and at auction rooms in Albion will test whether the clearance trend holds once school holidays begin. Prospective buyers should check domain listings for the next round of inspections in Bulimba and Indooroopilly before the weekend of 18 July, and contact their lender to confirm pre-approval limits ahead of any bidding.

This article is general information only and is not personal financial or investment advice. Consider your own circumstances and seek licensed professional advice before making financial decisions.